Chart Industries Inc (GTLS)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 392,300 | 296,400 | 233,700 | 167,600 | 151,500 | 111,800 | 83,900 | 79,800 | 88,500 | 90,600 | 104,900 | 105,200 | 92,200 | 85,200 | 80,500 | 70,900 | 52,000 | 62,800 | 70,900 | 74,000 |
| Revenue (ttm) | US$ in thousands | 3,032,900 | 2,546,800 | 2,140,800 | 1,710,400 | 1,594,000 | 1,542,100 | 1,458,600 | 1,372,300 | 1,307,700 | 1,241,200 | 1,181,300 | 1,165,200 | 1,190,400 | 1,220,400 | 1,304,000 | 1,307,300 | 1,280,700 | 1,228,400 | 1,145,600 | 1,476,200 |
| Operating profit margin | 12.93% | 11.64% | 10.92% | 9.80% | 9.50% | 7.25% | 5.75% | 5.82% | 6.77% | 7.30% | 8.88% | 9.03% | 7.75% | 6.98% | 6.17% | 5.42% | 4.06% | 5.11% | 6.19% | 5.01% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $392,300K ÷ $3,032,900K
= 12.93%
Chart Industries Inc has demonstrated improving operating profit margins over the past quarters, reflecting effective cost management and operational efficiency. The operating profit margin has steadily increased from 9.40% in Q4 2022 to 11.65% in Q4 2023. This indicates that the company has been able to generate more operating profit relative to its revenue, which is a positive sign of financial health. The company's ability to maintain and enhance its operating profit margin suggests a focus on optimizing operational performance and driving profitability. Overall, the consistent improvement in operating profit margin reflects the management's efforts in enhancing the company's operational efficiency and profitability.